New York City Council Member Mark Gjonaj says the food delivery app Grubhub is hurting restaurant profits by charging fees that are too high, The New York Times reported on Monday (Sept. 30). Grubhub, the parent company of Seamless, maintains that the fees charged to...
The Universal Postal Union will allow the United States to set its own inbound postage rates and stay in the global union. More than half the 192-country body voted to approve “option V,” which will allow the U.S. to raise prices for packages from other...
Even boats are becoming autonomous these days — another sign of the autonomous revolution that is playing out on college campuses, city streets and in the air above our businesses and homes. That said, the disruption taking place these days — and the disruption that...
Famous investor Jim Chanos, founder of Kynikos Associates, said that Grubhub, a food delivery company, makes barely anything per order and that fees will go down while employee costs rise, according to a report by CNBC. Chanos is known for short-selling stocks. “Right now, Grubhub...
Pharmacy retail giant Walgreens and Alphabet-owned drone company Wing have teamed up on a pilot program to deliver products to the doors of customers, according to a Sept. 19 release. Wing is the first drone operator to be certified by the Federal Aviation Administration as an...
An autonomous drone was used to deliver medical supplies to a remote island in Ireland, according to a report by CNBC. The delivery shows the promise of the technology, and how delivery drones can change the way rural medicine is provided worldwide. The National University...
Uber might finally turn a profit — not through its rideshare program, but due to its trucking division. The trucking industry generated $796 billion in revenue last year, while the global ride-hailing market was valued at just $36 billion in 2017. And since its launch...
The Seattle startup Pacific Coast Harvest, which connects local farms and home delivery, is now offering a discount program to assist low-income families, GeekWire reported Sunday (Sept. 15). The company, which launched in 2011 and has four employees, works with 250 Northwest farms to deliver...
Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. As recent news from the fulfillment world demonstrates, sometimes the Big New Thing is merely an extra floor or two in a warehouse. That’s the story...
